White Young Green profits surge

Leed-based consultants White Young Green revealed a 31% increase in profit to £9.0M, compared with £6.9M for the same period last year.

Revenue increased by 35% to £134.1M over the same period.

According to WYG's chairman, Peter Wood, "The outlook for White Young Green continues to be positive with an order book at record levels and a service offering which continues to expand.

"The strategy of having a broadly based business with no disproportionate dependence on specific sectors of the economy means the Group is well positioned to meet the increasing demands of its growing client base. This resilient business model will enable it to continue to progress and the Board expects to deliver full year results in line with its expectations."

WYG made three acquisitions last year, for a total of £33.1M.

Independent Transport Consultants Limited trading as Savell, Bird and Axon ("SBA"), which operates in London, Manchester and Cardiff, provides transportation consultancy to the public and private sector.

Management Consultants Group Limited ("IMCL") were bought in August 2007, providing financial management consultancy to governments and public bodies in third world and transitional countries from its Southampton base.

P H McCarthy Consulting Engineers Limited ("PHMP") was bought in October 2007. The engineering consultancy with offices in Dublin and Limerick specialises in large public infrastructure projects in the water and highways sectors and also has a significant expertise in the building sector.

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